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1068 McDonald Ave - Corner Lot | Triplex in Wilmington 3 Unit Apartment Building Offered at $750,000 at a 4.01% Cap Rate Wilmington, CA 90744
Investment Highlights
- Probate Sale. Subject to Court Confirmation and Overbidding in Court.
- For sale AFTER 36 years! All units are separately metered for both gas and electricity.
- Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place.
- Triplex with 3 x 2 bed 1 bath single story separate units with their own garages in Willmington.
- Strong future development opportunity located at the corner of McDonald Ave and Denni St.
Executive Summary
Probate Sale. Subject to Court Confirmation and Overbidding in Court. Triplex with 3 x 2-bed 1-bath single-story separate units with their own garages in Wilmington. For sale AFTER 36 years! All units are separately metered for both gas and electricity. Strong future development opportunity located at the corner of McDonald Ave and Denni St. Easy access to freeways, shopping, schools, and water activities. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place. Do NOT disturb the occupants. Seller will not be responsible for any repairs, inspection reports, termite work, or mandatory government retrofit requirements prior to closing. Seller is a Court-Appointed Fiduciary and cannot make any representations as to the condition and history of the subject property. Buyer to conduct their own investigation.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$47,562
|
$22.27
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$47,562
|
$22.27
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$15,136
|
$7.09
|
| Net Operating Income |
$32,426
|
$15.18
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $47,562 |
| Annual Per SF | $22.27 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $47,562 |
| Annual Per SF | $22.27 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $15,136 |
| Annual Per SF | $7.09 |
| Net Operating Income | |
|---|---|
| Annual | $32,426 |
| Annual Per SF | $15.18 |
Property Facts
| Price | $750,000 | Apartment Style | Townhome |
| Price Per Unit | $250,000 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 2,136 SF |
| Cap Rate | 4.01% | Average Occupancy | 100% |
| Gross Rent Multiplier | 15.77 | No. Stories | 1 |
| No. Units | 3 | Year Built | 1953 |
| Property Type | Multifamily | Parking Ratio | 0.94/1,000 SF |
| Zoning | LAR1 | ||
| Price | $750,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 4.01% |
| Gross Rent Multiplier | 15.77 |
| No. Units | 3 |
| Property Type | Multifamily |
| Apartment Style | Townhome |
| Lot Size | 0.15 AC |
| Building Size | 2,136 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 0.94/1,000 SF |
| Zoning | LAR1 |
Amenities
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $2,643 | - |
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (79)
Property Taxes
| Parcel Number | 7415-026-015 | Improvements Assessment | $344,024 |
| Land Assessment | $129,687 | Total Assessment | $473,711 |
Property Taxes
Parcel Number
7415-026-015
Land Assessment
$129,687
Improvements Assessment
$344,024
Total Assessment
$473,711
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1068 McDonald Ave - Corner Lot | Triplex in Wilmington
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